UrBC, Yekaterinburg, July 5, 2017. 29 alumni of ChTPZ Group’s Future of White Metallurgy Corporate Training Program have just served their army term in a Group-supported regiment in Gorny Schit, Sverdlovsk Region. ‘A solemn greetings ceremony was organized for the demobilized soldiers at the Group’s Training Center. Their family, friends, the Group’s workers, and the Training Center teachers all came to welcome them back. All the young men were invited to work at the Group’s Finishing Center, Iron Ozone 32 steel-smelting facility, and Pervouralsk New Pipe Plant’s pipe-rolling and pipe-drawing

UrBC, Chelyabinsk, July 5, 2017. Magnitogorsk Iron & Steel Works (MMK) launched its Mill 2350 seventy-five years ago this month; the mill was first used to make vehicle armor during the war times, the company press service reports. Mill 2350 was made at Uralmash in Yekaterinburg in 1935 and sent to Zaporizhia. In 1941, armored steel was needed badly, so the equipment, as well as its operators and their families, were all evacuated from Mariupol to Magnitogorsk. The mill then consisted of two heating furnaces, two mill stands, a smelting unit, all connected with roller conveyors. The mill

UrBC, Yekaterinburg, July 5, 2017. Ural Airlines recently announced it was selling tickets for its Zhukovsky-Tel Aviv flights at a reduced price, the air carrier’s press service reports. Starting from July 4, 2017, tickets can be had for as little as 7,500 RUR (one way, all fees included, one piece of luggage (23 kg) included). The offer holds for flights to be operated between July 6 and October 26, 2017. ‘Tel Aviv is a dynamic yet very peaceful city that makes you feel safe and relaxed. This is a place with a rich history, Noah is believed to have built his Ark here, Perseus rescued

UrBC, Yekaterinburg, July 5, 2017. A group of delegates from the Chinese province of Heilongjiang (180 representatives of machine-building, construction, bio tech, electronic goods, and agricultural businesses) are going to take part in the 8th International Innoprom 2017 Exhibition, Governor of Sverdlovsk Region’s Information Policy Department reports. A delegation from the province of Henan, headed by the constituency’s governor, and officials from the province of Jilin are also coming to Innoprom. The event’s agenda covers a Chinese-Russian industrial and science/technology business forum

UrBC, Moscow, July 5, 2017. The electronic goods and household appliances chain Eldorado was less profitable than its rival M.Video in 2016: the former’s EBITDA margin declined to 2.2%, whereas that of the latter rose to 5.6%, Interfax reports. M.Video’s EBITDA went up from 8.8bn RUR in 2015 to 10.3bn RUR in 2016. That of Eldorado dropped from 5.1bn RUR down to 2.5bn RUR. Both companies’ EBITDA amounted to 13bn RUR last year and their EBITDA margin to 4.4%. Safmar Group, a business of the Gutzeriev-Shishkhanov family, announced they bought a 57.7% stake in M.Video from the company’s primary